RE:RE:RE:RE:Q2 Revenue should be hugeFrom the Q1 Press release:
At Crew’s 3-32 pad, four wells were completed in the ultra-condensate rich Upper Montney “B” zone with encouraging initial first month per well average sales rates of 497 bbls per day of condensate, 2.2 mmcf per day of conventional natural gas, and 99 bbls per day of ngl.
Dale mentioned in the subsequent presentation that all 6 of the 3-32 wells were on production. At approximately 500 Bbls/day of condensate per well. That is 3000 Bbls/day of additional condensate production.
On a Boe basis condensate is much more valuable than gas, so although guidence is remaining flat, the weighting toward condensate will increase which should dramatically impact revenue.